Judge Approves T-Mobile-Sprint Deal Affecting 100 Million Customers
Judge Victor Marrero of the United States District Court in Manhattan ruled in favor of T-Mobile’s takeover of Sprint in a deal that would further concentrate corporate ownership of technology, combining the nation’s third- and fourth-largest wireless carriers and creating a new telecommunications giant to take on AT&T and Verizon. The decision concluded an unusual suit filed in June by attorneys general from 13 states and the District of Columbia. The challenge was brought after regulators at the Department of Justice and Federal Communications Commission approved the deal.